5842 NW 12th Ave

Miami, FL 33127 · multi_family · For Sale · 22 days on market
Asking price$1,150,000
8 beds 4 baths 3,658 sqft
View on Realtor.com →
Listed by Paul Powell · One Stop Realty
Typemulti_family
Built1968
Price / sqft$314
Est. value (own analysis)$1,402,367
Rent estimate (building total, own analysis)$14,925/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-11
Removed date
MLSMiamiMLS #A12069120
Coordinates25.82937, -80.21676
Address5842 NW 12th Ave
CityMiami
StateFL
Zip33127
Listing ID6997464490
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33127)

Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$1,150,000
Down payment (20.0%)$230,000
Loan amount$920,000
Closing costs (5.0%)$57,500
Total cash to close$287,500
Rent (estimate)$14,925$179,096
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$179,096
Vacancy rate (assumption) assumption8.0%

$179,096 × 8.0% = $14,328

Effective gross income$13,731$164,768
Property tax (placeholder 1.9% of price)$1,821$21,850
Insurance (est. scaled by flood & wind risk)$1,227$14,720
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$746$8,955
Total operating expenses$3,794$45,525
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$164,768
Total operating expenses derived$45,525

$164,768 − $45,525 = $119,243

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$920,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$920,000 amortized at 6.7% over 30 years = $5,912/mo

CapEx reserve (5.0% of GSR)$746$8,955
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$119,243
Annual debt service derived$70,946
Annual CapEx reserve assumption$8,955
Annual PMI assumption$0

($119,243 − $70,946 − $8,955 − $0) ÷ 12 = $3,279

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$119,243
Purchase price data$1,150,000

$119,243 ÷ $1,150,000 = 10.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$39,342
Total cash to close derived$287,500

$39,342 ÷ $287,500 = 13.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$119,243
Annual debt service derived$70,946

$119,243 ÷ $70,946 = 1.68

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$179,096
Purchase price data$1,150,000

($179,096 ÷ 12) ÷ $1,150,000 = 1.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,150,000
Gross scheduled rent (annual) comp$179,096

$1,150,000 ÷ $179,096 = 6.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$45,525
Effective gross income derived$164,768

$45,525 ÷ $164,768 = 27.6%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$45,525
Annual debt service derived$70,946
Annual PMI assumption$0
Gross scheduled rent (annual) comp$179,096

($45,525 + $70,946 + $0) ÷ $179,096 = 65.0%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

No active rental listings cached yet for this bedroom count.

Widened to any bedroom count in ZIP. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
111 NW 52nd Stmulti_family2,162$655,0002026-08-27
1097 NW 38th Stmulti_family1,482$650,0002026-08-11
35 NW 57th Stmulti_family311,414$540,0002026-08-07
254 NW 50th Stmulti_family421,876$600,0002026-07-21
5620 NW 3rd Avemulti_family421,392$520,0002026-07-20
51 NW 45th Stmulti_family221,872$855,0002026-07-14
1171 NW 58th Termulti_family421,458$480,0002026-07-08
166 NW 41st Stmulti_family41,248$1,200,0002026-07-06
599 NW 33rd Stmulti_family442,241$1,200,0002026-07-06
5631 NW 5th Ctmulti_family22888$322,0002026-06-30
1028 NW 24th Stmulti_family421,540$520,0002026-06-17
444 NW 33rd Stmulti_family431,488$25,000,0002026-06-16
441 NW 44th Stmulti_family11310$2,670,0002026-06-12
4400 NW 1st Avemulti_family421,690$1,195,0002026-06-08
577 NW 41st Stmulti_family523,592$800,0002026-06-05
773 NW 34th Stmulti_family532,088$700,0002026-06-04
5300 N Miami Avemulti_family221,742$1,000,0002026-05-21
1076 NW 55th Stmulti_family0$986,9002026-05-07
5505 N Miami Avemulti_family843,392$915,0002026-05-04
5241 NW 11th Avemulti_family1,560$525,0002026-04-30
100 NW 52nd Stmulti_family421,800$300,0002026-04-22
5936 NW 1st Avemulti_family1,928$505,0002026-04-21
5550 N Miami Avemulti_family1,564$525,0002026-04-10
1044 NW 29th Stmulti_family4,790$2,000,0002026-04-02
1054 NW 29th Stmulti_family4,902$2,000,0002026-04-02
1019 NW 26th Stmulti_family421,518$730,3002026-03-31
1066 NW 47th Stmulti_family221,328$645,0002026-03-31
5091 NW 2nd Avemulti_family1,840$750,0002026-03-20
5035 NW 5th Avemulti_family421,690$1,000,0002026-03-18
520 NW 49th Stmulti_family412,230$1,200,0002026-03-17
1041 NW 30th Stmulti_family1,353$484,5002026-03-17
4543 N Miami Avemulti_family432,160$2,200,0002026-03-16
3314 NW 8th Avemulti_family3,512$1,060,0002026-03-13
1184 NW 30th Stmulti_family412,374$439,9002026-03-09
128 NW 53rd Stmulti_family$750,0002026-03-04
270 NW 53rd Stmulti_family2,878$960,0002026-02-23
55 NW 44th Stmulti_family1,244$900,0002026-02-23
1121 NW 51st Stmulti_family221,436$323,0002026-02-02
4430 NW 1st Avemulti_family321,452$990,0002026-01-21
38 NW 53rd Stmulti_family312,244$890,0002026-01-12
2 NW 47th Stmulti_family2,010$850,0002025-12-19
3041 NW 10th Avemulti_family1,663$640,0002025-12-16
826 NW 56th Stmulti_family1,726$275,0002025-12-08
5538 NW Miami Ctmulti_family421,115$390,0002025-11-24
415 NW 52nd Stmulti_family642,723$970,0002025-11-19
5720 NW 3rd Avemulti_family421,690$605,0002025-11-18
4860 N Miami Avemulti_family321,574$1,450,0002025-10-28
277 NW 33rd Stmulti_family885,632$966,3332025-10-08
536 NW 42nd St Apt 1multi_family663,536$1,600,0002025-10-03
3033 NW 10th Avemulti_family1,539$650,0002025-09-26

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
650 NW 28th Stmulti_family843,204$1,350,000
1021 NW 30th Stmulti_family852,800$1,200,000
2900 NW 10th Avemulti_family843,640$1,500,000
5730 NW 11th Avemulti_family842,450$1,100,000
55 NW 47th Stmulti_family862,213$995,000
675 NW 34th Stmulti_family841,987$1,700,000
251 NW 34th Termulti_family842,784$1,140,000
multi_family853,575$1,350,000

10-year hold projection

IRR22.2%
Equity multiple4.31x
Total return (10yr)$1,101,524
YearProperty valueNOICash flowLoan balanceEquity
1$1,184,500$119,243$39,342$910,025$274,475
2$1,220,035$123,048$42,923$899,365$320,670
3$1,256,636$126,973$46,619$887,973$368,663
4$1,294,335$131,021$50,432$875,799$418,536
5$1,333,165$135,197$54,367$862,789$470,376
6$1,373,160$139,504$58,427$848,885$524,275
7$1,414,355$143,947$62,616$834,027$580,328
8$1,456,786$148,529$66,939$818,148$638,637
9$1,500,489$153,256$71,399$801,179$699,310
10$1,545,504$158,131$76,001$783,045$762,459
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.